Pros
- Great odds with extra Odds Boosts
- Wide range of sports to bet on
- Live Streaming of most ‘In-Play’ events
- Excellent app for mobile betting
- Generous Welcome Bonus
Cons
- Doesn’t offer horse racing
Opinions 0
All reviewsReview of the bookmaker LV BET from Legalbet
LV BET was founded in 2016 but they did well to integrate themselves into this competitive betting industry. They are owned and operated by Fairload Ltd, a company with the headquarters in Malta. They hold two gambling licences issued by the United Kingdom Gambling Commission and Malta Gaming Authority, which means that they can operate legally both in the UK and other European countries.
Odds — good
We calculated the margin for LV BET by analysing the odds they offer and placed them into one of the following three categories:
From 1% to 5%: Good value
Over 5% to 7%: Average value
Over 7% to 10%: Poor value
Football
We’re getting our results by taking into account the odds for final result outcomes measured in line with the total goals scored for different football leagues. By getting the average results using this method, we were able to obtain the margins for each league and also the overall betting margin for the bookmaker.
LV BET has an overall margin of 4.60% for football and falls in the good value category. In the first section using odds from the Premier League, the margin is at 3.88%. The second section with Spanish La Liga and Italian Serie A, the margin is at 4.25%. Finally, by counting the English Football League One, Austrian Bundesliga and Polish Ekstraklasa into account, the margin is at 5.68%.
Betting options — good
Despite being launched only five years ago, LV BET offers a wide range of sports and betting markets throughout their sportsbook. At the time of our review, we have found over 40 sports to choose from which includes several eSports betting events. Some of these betting markets are extremely deep, but the negative fact is that LV BET don’t have horse or greyhound racing in their offer.
Football betting
Football is the most popular sport at LV BET and we can clearly observe that by looking at the number of the pre-match events available. At the moment of writing this review we have found 892 football matches in their offer, from over 70 countries.
In addition, it seems that LV BET is up with the very best bookmakers in terms of the number of betting markets they have to offer. For example, a Premier League match has over 300 betting markets, and this only means that LV BET can compete with the very best football betting sites in Ireland at the moment.
We can also mention that the odds provided by LV BET are competitive and anyone can see this by checking the prices for a typical Premier League match.
Esports betting
We have already mentioned above that LV BET doesn’t offer horse racing to its customers, but we are pleased to say that they have an extraordinary eSports betting section. The eSports betting fans can wager on the most popular video games at the moment and here we can mention: Dota 2, StarCraft, League of Legends, CS:GO, Overwatch, Rocket League, Rainbow Six or Valorant. Several eSports betting events have over 60 pre-match markets available.
Furthermore, every eSports event has a small icon that redirects the punters to the Twitch channel that is live streaming that specific event.
Betting Limits: LV BET accepts deposits from €10 across a variety of different banking methods and has a minimum wager of just €0.50. The maximum deposit amount goes up to €5,000.
Live — normal
The Live Betting section can be accessed via the Live button located in the main menu at the top of the homepage. As you go into this section, you can choose how you want to view the page: Conference View and Single View. Both these viewing modes are user-friendly and well structured. The current live betting events are displayed in the middle of the page and all the events are sorted by sport. There is also a search function that allows the users to find the match or the team they want in a fast-paced manner.
LV BET offers a wide range of sports for live betting, including football, tennis, basketball, volleyball, table tennis, Esports, snooker and many more.
As with most bookmakers, there is a cashout feature if you ever want to withdraw your winnings before the end of the match.
Information about the company
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Revenue Commissioners under licence:
№: 1016541
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